Barack Obama wants to cut the federal deficit in half by the end of his first term, mostly by scaling back Iraq war spending, raising taxes on the wealthiest (this is where your 13 bucks a week will come from) and streamlining government, an administration official said Saturday.
Here is where he needs to retake his math101.
Obama's proposal for the 2010 fiscal year that begins Oct. 1 projects that the estimated $1.3 trillion deficit he has inherited from former President George W. Bush (which of course the Dem controlled House & Senate approved) will be halved to $533 billion by 2013.
HMMMMMM half of 1.3 trillion is $650 Billion. not $533 billion. He is off by $117 billion, for Christ sakes.
1 month in to his Presidency and the guy doesn't know simple math?!?!
He said his budget will be "sober in its assessments, honest in its accounting, (HA HA HA, they can't do the math and he is saying honesty in its accounting) and lays out in detail my strategy for investing in what we need, cutting what we don't, and restoring fiscal discipline."
Fiscal discipline??? LIKE the $800 billion porkfest R1 Congress just passed? I'd say... WTF!!!
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